• Phoenix Market Report

    $429,060

    AVERAGE PRICE OF 5,157 HOMES

    $260,002

    AVERAGE PRICE OF 146 DISTRESSED HOMES

    $1,898,766

    AVERAGE PRICE OF 294 MULTI-MILLION DOLLAR HOMES

    $591,219

    AVERAGE PRICE OF 416 NEWLY BUILT HOMES

    $640,241

    AVERAGE PRICE OF 1,672 HOMES WITH A POOL

    $461,100

    AVERAGE PRICE OF 2,137 REDUCED PRICE HOMES

    Average Home

    Average Price $429,060
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.5 baths

    Average Price by Bedrooms

    1 bedroom $175,785
    2 bedrooms $271,550
    3 bedrooms $338,260
    4 bedrooms $500,649
    5 bedrooms $725,588
    Phoenix Home Price Trends
      3/2017 2/2017 1/2017 12/2016 11/2016
    Total Listings 5,302 4,951 4,608 4,723 5,077
    Average Price $412,927 $410,725 $399,761 $388,276 $381,804
    Avg Price Change +0.54% +2.74% +2.96% +1.70% +0.32%
    Median Price $288,770 $286,493 $279,094 $276,213 $275,622
    Med Price Change +0.79% +2.65% +1.04% +0.21% -1.92%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 2.42 baths 2.42 baths 2.42 baths 2.41 baths 2.41 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Barry Goldwater High School 271 $350,799 n/a
    Camelback High School 506 $646,422 n/a
    Central High School 499 $459,344 n/a
    Desert Vista High School 235 $497,595 n/a
    Pinnacle High School 273 $454,824 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 5,157 $429,060 n/a
    Distressed Homes 146 $260,002 n/a
    Multi-Million Dollar Homes 294 $1,898,766 n/a
    Newly Built Homes 416 $591,219 n/a
    Homes with a Pool 1,672 $640,241 n/a
    Reduced Price Homes 2,137 $461,100 n/a